What wisdom can you share about fixed income investing?

[lightbulb27]

CD's, Bonds, Treasuries... oh my...

Dorothy... on her way to the "Emerald City"... looking for financial independence!

I've only owned CDs... you give your money to the bank, they pay you interest. Muni bonds... we'll, they can go bankrupt. Governments can go bankrupt too, but probably not.

[Anonymous]

Only do it with money that you need to keep fairly liquid. Personally most the time it hardly keeps up with inflation. Not worth it to me.

[lightbulb27]

true, but when you go into markets you take capital risk, or more so.

[Opinion Owner]

Ris vs. Reward. The risk is low so long as you are realistic about the returns. That's what did in all the Bernie madoff investor's. You never EXPECT more than 10% if you ask me. And I always aim for a very reachable 6%. Yes there are investments that can make you 50% occasionally but they can also lose you 20%. Nothing worth having ever comes easy , or quickly. Make that your mantra and invest accordingly and you'll do fine.